Prominent companies are thriving in the enterprise software space due to continued digital transformation, adoption of hybrid lifestyles, and a growing market for it. Use Intuit (INTU). MongoDB Their solutions should be in high demand (NASDAQ:). Which stock is better to buy right now? Find out more. Intuit Inc., NASDAQ:, provides compliance and financial management products and services worldwide for small and medium-sized businesses and individuals. The Mountain View, Calif., company operates in four segments: Small Business & Self-Employed; Consumer; Credit Karma; and ProConnect. MongoDB, Inc., New York City (MDB), provides a global general-purpose database platform. MongoDB Enterprise Advanced (NYSE:), MongoDB Atlas (NYSE.) and Community Server are some of the products offered by this company. The company also offers professional services such as consulting and training.

Threats related to data security, especially on cloud-based platforms, continue to hamper the enterprise software market’s growth. However, there is still a strong chance that the market for enterprise software will grow quickly in the months ahead due to increased demand from nearly every industry. This comes as part of the wider digital transformation effort. A resurgence within COVID-19 cases is causing a revival in hybrid working arrangements. This is proving to be a benefit for enterprise software. A Statista report states that the global enterprise software market will grow by 8.74% between 2021 and 2026. Therefore, INTU and MDB both should be benefited.

INTU’s shares have gained 15.8% in price over the past month, while MDB has returned 0.5%. Also, INTU’s 65.6% gains over the past nine months are significantly higher than MDB’s 27.4% returns. Furthermore, INTU is the clear winner with 80.1% gains versus MDB’s 41.3% returns in terms of their year-to-date performance.

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